CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Ashiana Maintenance Service LLP, operating in Tamil Nadu, has recently come into the spotlight due to a legal complaint and its implications on the builder's reputation. This blog post aims to analyze the details of the complaint against the company and evaluate the patterns in their legal history to inform potential customers about the builder.
The record for Ashiana Maintenance Service LLP indicates they have faced one formal complaint. Notably, this complaint ended with them losing the case.
The complainant, through an association, alleged that Ashiana Maintenance Service LLP had collected a substantial amount of approximately Rs.3.25 crores under a scheme known as the Reducible Interest Free Management Deposit (RIFMD). This amount was suggested to be amortized monthly over a 15-year period. In defense, the builder asserted that the RIFMD was meant to cover services provided by their maintenance agency and contended that this was not an act of unfair trade.
Eventually, the authority adjudicating the case ruled against the builder, deeming the collection of the RIFMD as not compliant with existing acts and regulations, and instructed the builder to return the full amount without deductions to the complainant association.
In summary, Ashiana Maintenance Service LLP has experienced challenges in their legal dealings that are pertinent for potential buyers to consider. The loss of the only complaint raised against them suggests underlying issues that could affect the reliability and trustworthiness of their services.
While Ashiana Maintenance Service LLP operates in a competitive market, the insights gathered from their dispute history highlight the importance of due diligence for prospective buyers.
Yearly Trend for these Cases
Analysis of the cases filed against Ashiana Maintenance Service LLP, where the builder lost, reveals several key points regarding their legal disputes.
The primary theme observed in these cases revolves around "Financial Disputes Over Management Deposits." This highlights the importance of transparency and compliance in financial dealings between builders and homeowners/allocation holders.
In the case outlined, the builder collected a significant sum of approximately Rs. 3.25 crores under the name of Reducible Interest-Free Management Deposit (RIFMD). The builders defended this practice by claiming that the RIFMD was necessary for the services provided by their maintenance agency. However, the Authority ruled against them, indicating that such collections were not in alignment with regulatory provisions.
Common reasons for litigation in this case include disputes over financial practices and allegations of unfair trade. The builders’ loss can be attributed to their failure to comply with established regulations governing management deposits, which raises broader questions about their adherence to legal standards in financial dealings.
Overall, this analysis underscores the need for builders to ensure transparency and compliance in their financial interactions, as well as for homeowners to be vigilant and informed about management practices and their rights under the law.
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